WCLD vs. NTSX

Last updated Jun 3, 2026

WCLD (WisdomTree Cloud Computing Fund) and NTSX (WisdomTree U.S. Efficient Core Fund) are both exchange-traded funds - WCLD is a Technology Equities fund tracking the BVP Nasdaq Emerging Cloud Index, while NTSX is a Diversified Portfolio fund actively managed by WisdomTree. WCLD is passively managed, while NTSX is actively managed. Over the past 5 years, WCLD returned -6.46%/yr vs 10.08%/yr for NTSX. A 0.64 correlation means they provide meaningful diversification when combined. WCLD charges 0.45%/yr vs 0.20%/yr for NTSX.

Performance

WCLD vs. NTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and WisdomTree U.S. Efficient Core Fund (NTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCLD achieves a -0.69% return, which is significantly lower than NTSX's 9.77% return.

WCLD

• 1D: -3.28%
• 1M: 20.60%
• YTD: -0.69%
• 6M: 1.46%
• 1Y: -3.15%
• 3Y*: 4.16%
• 5Y*: -6.46%
• 10Y*: —

NTSX

• 1D: 0.10%
• 1M: 4.88%
• YTD: 9.77%
• 6M: 9.78%
• 1Y: 27.16%
• 3Y*: 19.80%
• 5Y*: 10.08%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WCLD vs. NTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WCLD WisdomTree Cloud Computing Fund	-0.69%	-6.69%	7.35%	39.35%	-51.64%	-3.21%	109.71%	0.91%
NTSX WisdomTree U.S. Efficient Core Fund	9.77%	18.82%	20.20%	22.70%	-25.84%	22.21%	24.87%	6.42%

Correlation

The correlation between WCLD and NTSX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Sep 9, 2019	0.64

Over the past year, the correlation between WCLD and NTSX has dropped to 0.41 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

WCLD vs. NTSX - Sectors Allocation Comparison

Sectors	WCLD	NTSX
Technology	97.2%	35.1%
Healthcare	2.8%	8.4%
Communication Services	2.5%	12.5%
Basic Materials	-	1.4%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	5.5%
Energy	-	3.5%
Financial Services	-	12.3%
Industrials	-	7.7%
Real Estate	-	1.5%
Utilities	-	2.1%

Return for Risk

WCLD vs. NTSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WCLD

WCLD Risk / Return Rank: 8
WCLD Sharpe Ratio Rank: 8
WCLD Sortino Ratio Rank: 8
WCLD Omega Ratio Rank: 8
WCLD Calmar Ratio Rank: 8
WCLD Martin Ratio Rank: 8

NTSX

NTSX Risk / Return Rank: 65
NTSX Sharpe Ratio Rank: 66
NTSX Sortino Ratio Rank: 64
NTSX Omega Ratio Rank: 65
NTSX Calmar Ratio Rank: 60
NTSX Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WCLD vs. NTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and WisdomTree U.S. Efficient Core Fund (NTSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	WCLD	NTSX	Difference
Sharpe ratio Return per unit of total volatility	-0.09	2.23	-2.32
Sortino ratio Return per unit of downside risk	0.11	3.01	-2.90
Omega ratio Gain probability vs. loss probability	1.01	1.40	-0.39
Calmar ratio Return relative to maximum drawdown	-0.09	3.00	-3.08
Martin ratio Return relative to average drawdown	-0.20	13.28	-13.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WCLD vs. NTSX - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is -0.09, which is lower than the NTSX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of WCLD and NTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WCLD	NTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	2.23	-2.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.60	-0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.72	-0.59

Drawdowns

WCLD vs. NTSX - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than NTSX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for WCLD and NTSX.

Drawdown Indicators

	WCLD	NTSX	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-31.34%	-33.56%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-9.16%	-25.52%
Max Drawdown (3Y) Largest decline over 3 years	-42.06%	-16.82%	-25.24%
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	-31.34%	-33.56%
Current Drawdown Current decline from peak	-46.78%	0.00%	-46.78%
Average Drawdown Average peak-to-trough decline	-35.54%	-6.80%	-28.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.71%	2.07%	+12.64%

Volatility

WCLD vs. NTSX - Volatility Comparison

WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 15.21% compared to WisdomTree U.S. Efficient Core Fund (NTSX) at 3.23%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	NTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.21%	3.23%	+11.98%
Volatility (6M) Calculated over the trailing 6-month period	29.91%	9.55%	+20.36%
Volatility (1Y) Calculated over the trailing 1-year period	34.67%	12.25%	+22.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.41%	17.03%	+20.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.46%	18.27%	+19.19%

WCLD vs. NTSX - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is higher than NTSX's 0.20% expense ratio.

Dividends

WCLD vs. NTSX - Dividend Comparison

WCLD has not paid dividends to shareholders, while NTSX's dividend yield for the trailing twelve months is around 1.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NTSX WisdomTree U.S. Efficient Core Fund	1.06%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%
WCLD WisdomTree Cloud Computing Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCLD and NTSX in my portfolio?

WCLD and NTSX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCLD or NTSX?

WCLD has higher volatility (15.21%) compared to NTSX (3.23%). In terms of maximum drawdown, WCLD dropped -64.90% vs NTSX's -31.34%.

Which ETF is better, WCLD or NTSX?

On 5-year performance, NTSX leads with 10.08% vs -6.46% for WCLD. On fees, NTSX is cheaper at 0.20% per year. On volatility, NTSX has been the lower-risk option at 3.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCLD or NTSX?

Over the 5-year period, NTSX has performed better with a 10.08% return vs -6.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCLD or NTSX?

NTSX is cheaper with a 0.20% expense ratio, compared with 0.45% for WCLD.

Which ETF pays a higher dividend yield, WCLD or NTSX?

NTSX has the higher dividend yield at 1.06%, compared with 0.00% for WCLD.

What is the main difference between WCLD and NTSX?

WCLD is categorized as Technology Equities, while NTSX is Diversified Portfolio. Their fees differ too: 0.45% for WCLD and 0.20% for NTSX.

Which has better risk-adjusted returns?

NTSX currently has the higher Sharpe Ratio (2.23 vs -0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.